Retirement Villages Group Limited Sustainability Profile
Retirement Villages Group Limited, often referred to as RVG, is a leading provider of retirement living solutions based in Great Britain. Established in 1981, the company has grown to become a prominent player in the retirement housing sector, with a focus on creating vibrant communities across England and Wales. Specialising in the development and management of retirement villages, RVG offers a range of services including independent living apartments, assisted living options, and care services tailored to the needs of older adults. Their commitment to enhancing the quality of life for residents sets them apart in the industry. With a strong market position, Retirement Villages Group Limited has achieved notable milestones, including the expansion of its portfolio to over 20 locations. This dedication to providing exceptional living environments has solidified RVG's reputation as a trusted name in retirement living.
DitchCarbon Score
How does Retirement Villages Group Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Retirement Villages Group Limited's score of 41 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Retirement Villages Group Limited, headquartered in Great Britain, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by FY2050. Although specific carbon emissions data for the most recent year is not available, the company has established significant reduction targets based on a FY2022 baseline. The group aims to reduce its absolute Scope 1 and 2 emissions by 90% by FY2050. Additionally, it has committed to a near-term target of reducing these emissions by 79.7% per square meter of landlord-operated area by FY2030. For Scope 3 emissions, which include those from capital goods, upstream transportation, and downstream leased assets, the company targets a 90% reduction by FY2050 and a 66.4% reduction per square meter of net lettable area by FY2034. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C pathway, demonstrating the company's commitment to climate action. The emissions data and targets are cascaded from the parent organization, ensuring a cohesive approach to sustainability across its operations.
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Retirement Villages Group Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Retirement Villages Group Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
